Oh No Fubo: Streaming Company Backs Off Sports Betting Plans

FuboTV is looking for help to create the future of its Fubo Sportsbook product. A challenging financial market led to FuboTV (FUBO) looking at internal cost-saving measures, which include potentially offloading its sportsbook plans, according to a shareholder letter distributed before Thursday’s second-quarter earnings call. According to the letter, its sports betting business is under strategic review. […] Read More

Posted on: August 5, 2022 | | Pat Evans

Betfred Plots Iowa Sports Betting Push After Platform Switch

Betfred has launched an Iowa sports betting app for the first time following its recent switch to the OpenBet platform. Read More

Posted on: June 29, 2022 | | Brad Allen

First Year Of Iowa Sports Betting With Remote Signup A Big Improvement

The first year of Iowa sports betting with remote registration led to record heights, including in January. Iowa bettors wagered a record $303.3 million in January, according to a report from the Iowa Racing and Gaming Commission released Friday. The previous Iowa sports betting handle record was $287.2 million in November 2021. The January 2022 handle […] Read More

Posted on: February 14, 2022 | | Pat Evans

Iowa Sports Betting Slows After Three Consecutive Record Months

Iowa sports betting hit a relative lull in December following three consecutive record monthly handles. Iowa sportsbooks handled $266.5 million in bets during December, according to a report from the Iowa Racing and Gaming Commission. That is down from the record $287.2 million in November and October’s $280.9 million. The month was Iowa’s third-highest handle […] Read More

Posted on: January 11, 2022 | | Pat Evans

Iowa Sports Betting Hits Surprising New Height In November

It seemed obvious Iowa sports betting and many others could set handle records in October given the favorable sports calendar. Seeing that growth continue into November was not expected but that is exactly what happened. Handle hit $287.2 million, up 2.3% from the previous record of $280.9 million set in October. Sports betting revenue also […] Read More

Posted on: December 13, 2021 | | Matthew Waters

Football, Remote Signup Continue Iowa Sports Betting Drive

For the second-straight month, Iowa sports betting soared to new heights. Iowa bettors wagered $280.9 million in October, according to an Iowa Racing and Gaming Commission report released Nov. 4. In September, Iowa sports betting set the state’s previous record handle of $210.4 million, which surpassed the $161.4 million in March 2021. Online sports betting accounted […] Read More

Posted on: November 10, 2021 | | Pat Evans

Iowa Sports Betting Market Gets Fubo First Look, Along With Barstool

Bettors in Iowa get the first crack at Fubo Sportsbook as it launches in the market Wednesday. Fubo Sportsbook debuts as a standalone app for sports betting in Iowa, but Fubo Gaming President Scott Butera said the platform is fully integrated with the FuboTV product. The sportsbook launches into Iowa first, largely based on how its market […] Read More

Posted on: November 3, 2021 | | Pat Evans

Football Drives Iowa Sports Betting To All-Time High

With football season back in earnest, Iowa sports betting hit record levels in September. Iowa sportsbooks recorded a record $210.4 million in handle, according to an Iowa Racing and Gaming Commission report last week. The previous Iowa sports betting record was $161.4 million in March 2021. September’s handle is up from the $108.4 million in […] Read More

Posted on: October 18, 2021 | | Pat Evans

Bally Bet Rollout Paused For Gamesys Acquisition

The Bally Bet app is live in two states, but do not expect any more until the back end of the fourth quarter or later. Bally’s is waiting for its nearly $3 billion acquisition of UK-focused Gamesys to build out its Bally Bet offering, management said on Monday’s earnings call. Bally’s announced that purchase in […] Read More

Posted on: August 10, 2021 | | Matthew Waters

US Newcomer BlueBet Gets AZ Sports Betting Access

Australia-listed BlueBet is new to the US, hopefully getting a taste of the Southwest first with an AZ sports betting agreement. The sportsbook operator partnered with the Colorado River Indian Tribes and the BlueWater casino. There are 20 total licenses available in Arizona. The state’s professional teams and venues, and gaming tribes get 10 licenses […] Read More

Posted on: August 9, 2021 | | Matthew Waters